If a Tax Shifts the Supply Curve Downward (Or to the Right),we

question 39

Multiple Choice

If a tax shifts the supply curve downward (or to the right) ,we can infer that the tax was levied on

• A)buyers of the good.
• B)sellers of the good.
• C)both buyers and sellers of the good.
• D)We cannot infer anything because the shift described is not consistent with a tax.

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Definitions:

Micro and Macro

Terms used to distinguish between small-scale (micro) and large-scale (macro) perspectives or analyses, commonly used in fields like sociology, economics, and biology.

Agency and Structure

The dual concepts concerning an individual's capacity to act (agency) and the sometime constraining forces of social structure that influence that act.

Practices

Repeated actions or behaviors that are socially recognized within a particular culture or society, often seen as constituents of larger social systems or structures.

Norbert Elias

A sociologist known for his theory of the civilizing process, which explores how manners and social norms have evolved over time.